This post is required reading if you are a CUB / pCUB Holder. We are approaching the final weeks of your ability to burn CUB/pCUB for the conversion event to LEO.
ICYMI: we put up a LEO DAO vote roughly 2 weeks ago to decide what to do with CUB/pCUB. The LEO POWER stakeholders voted nearly unanimously to sunset CUB & POLYCUB and allow the hodlers of those tokens to convert their stake into LEO tokens on the Hive Blockchain.
This conversion window is only open for 30 days. After the 30 days is over, the CUB/pCUB platforms will be considered fully "sunsetted". We will no longer be pushing updates nor maintaining those platforms.
bLEO/BNB and pLEO/MATIC pools will remain with small APRs as well as the earnings from those oracles to further burn CUB/POLYCUB tokens. This will allow the supply of those tokens to eventually reach 0 but it can be expected that no further value will come to those platforms.
URGENT: We Are Halfway to Sunset
The window is already halfway closed. If you are holding CUB or POLYCUB (or xPOLYCUB/vexPOLYCUB) we ask that you convert your tokens now or you will miss the window.
Once the window is closed, there will be no more conversions.
If you are curious for more information about the situation, here are resources:
Blog Posts:
- @leofinance/new-exchange-listing-for-leo
- @leofinance/the-firstever-stake-weighted-leo-poll-on-hive-cub-polycubs-future-is-at-stake
- @leofinance/results-of-the-first-stakeweighted-poll-on-hive-future-of-defi-on-inleo
- @leofinance/how-to-convert-cubpcub-to-leo
- @leofinance/sunsetting-cub-polycub-bhbd-and-other-wrapped-tokens
AMA Videos/Clips:
Video Walkthrough:
FAQ and Guide
Below, we will answer some more of the questions we've been seeing in the hundreds of support tickets that are currently pending and also aim to give some more guidance on what to do.
How do I Convert CUB/pCUB to LEO?
The best two resources for HOW TO are here:
What if I Have xPOLYCUB or vexPOLYCUB?
We'll be publishing a video clip in the next few hours explaining this but essentially, you follow the same steps but use the xPOLYCUB and vexPOLYCUB tokens as your burn asset - you simply send them to the 0xDEAD address on-chain as you would for POLYCUB.
Follow the above 2 guides but burn xPOLYCUB or vexPOLYCUB.
You can do so by adding the contract address to your Metamask Wallet, then sending them to the burn address:
- xPOLYCUB Address: 0x905E21f6C4CB1Ad789CeD61CD0734590a4542346
- vexPOLYCUB Address: 0x472a65cA0D76a938925d8a373b793C99379ABd83
What if I Have CUB (BSC) in the CUB Kingdom Locked?
If your CUB is in this kingdom, you may be able to unstake it from the kingdom (if your lock period is over).
If you still have time remaining on your lock, you cannot remove it at this time. We are trying to figure out a way to allow you to remove it.
If this is the case, please open a tech support ticket in Discord and include your BSC Address. When we figure out a solution for locked CUB Kingdom holders, we will message you in the ticket.
PLEASE open the support ticket and verify your address with us. We will ensure that you still get the LEO airdrop even if the window closes before you're able to unlock your CUB.
When Will I Get the Airdropped LEO?
If you convert your CUB/POLYCUB within the next 24 hours, you will receive it in the next 48 hours.
The conversions happen every Friday around Midnight EST.
Please convert today and fill out the form to get your airdrop by tomorrow.
This is highly recommended as the LeoDex launch + Maya Listing is scheduled for next Monday. Having your LEO Airdrop before then might be a good idea :)
I Can't See CUB / POLYCUB / xPOLY / vexPOLY in My Metamask Token Dropdown
If you can't see them, then you just need to click "add token" and paste the contract address.
Here is a list of the addresses:
bLEO: 0x6421531af54c7b14ea805719035ebf1e3661c44a
pLEO: 0xf826a91e8de52bc1baf40d88203e572dc2551aa3
CUB: 0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1
POLYCUB: 0x7cc15fef543f205bf21018f038f591c6bada941c
xPOLYCUB Address: 0x905E21f6C4CB1Ad789CeD61CD0734590a4542346
vexPOLYCUB Address: 0x472a65cA0D76a938925d8a373b793C99379ABd83
Where do I Send the CUB/POLYCUB/x/vex
As the guides state, you send it to the null address on BSC or Polygon.
The null address is identical for both chains: 0x000000000000000000000000000000000000dead
Do I Need to Fill Out The Form?
Yes. There are no special cases. Everyone must fill out the form as instructed. Some have asked for special treatment here - the process is equal for all.
Anyone who holds CUB/pCUB is eligible for the airdrop but they must follow the instructions provided.
Do I Need to Unwrap the bLEO or pLEO to Link My Wallets?
Yes. Everyone must unwrap bLEO or pLEO and provide the TXID in the form. This is how our airdropper links your BSC/Polygon address to your Hive wallet so it can complete the airdrop.
It is a requirement no matter who you are or what your wallet size is.
Why Does Tech Support Take So Long?
If you are opening a ticket, please be patient with us. We are responding to all tickets within 24 hours but that doesn't always mean a resolution is found in 24 hours.
Bear in mind that we have a small tech support team (99% Nifty and 2 others to assist) and we are simultaneously sunsetting 2 major platforms, 5 protocols and launching LeoDex and the Maya Listing all within the same 4 week time period.
We appreciate your patience. Please be nice to Nifty.
Other Questions?
Drop them below. We're trying to answer as many publicly as possible so that your question may help someone who has the same question. We appreciate all of your patience in this transitionary time. It is not easy and we are doing our best.